Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent approvals of ether ETFs a few […]
A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025. Ethereum Acquisition? Wintermute Predicts Public Company […]
The U.S. Securities and Exchange Commission (SEC) has imposed a $ 38 million fine on Digital Currency Group (DCG), accusing the company of negligence in misleading investors about the financial stability of its subsidiary, Genesis Global Capital (GGC). SEC Alleges Misleading Practices by Digital Currency Group and Genesis Global Capital This case raises pressing …
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $ 0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is …
On Friday, bitcoin rose to an intraday peak of $ 105,246 per coin, as the collective valuation of the crypto economy expanded by 3.12%, reaching a substantial $ 3.63 trillion. Crypto Sector Value Grows Amid Growing Institutional Confidence and Trump Speculation Bitcoin (BTC) appreciated 5.7% against the U.S. dollar, marking its ascent to …